Are you a first time buyer thinking of starting your search? Low pries, historically low interest rates, and the $8000 tax credit have many people in our area wondering if it's time to buy. Join us for a free educational session at Arlington County Library.
Wenesday, June 10
7:15 pm - 8:30 pm
Arlington County Library
1015 N Quincy St
2nd Floor Mtg Room
Ballston (Orange Line)
We cover a recap of the market, current trends and market stats including days on market, average sales prices, and inventory levels. We'll also discuss the impact of the banking system collapse and bailout, the home purchase process and common pitfalls, financing basics and a how to get started checklist. Specific topics covered:
- Northern Virginia, DC, and Montgomery County market analysis
- Mortgage basics: rates, points, fees
- Financing basics: FHA, Conventional, Conforming, and "Jumbo" loans
- Calculating the tax benefits of homeownership
- Short Sale, Foreclosure/REO/Bank Owned basics
- Search tips - Fees and closing costs
- Buyer agency and choosing an agent
There's never any cost or obligation to attend our classes. Simply email katie@katiewethman.com to register so that we may have materials available for you.
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